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Oth Lessor and Lessee ("Dual Agency"). (b) Payment to Brokers: Upon execution and delivery of this Lease by both Parties, Lessor shall pay to the Brokers the brokerage fee agreed to in a separate written agreement (or if there is no such agreement, the sum of or % of the total Base Rent) for the brokerage services rendered by the Brokers. 1.11 Guarantor. The obligations of the Lessee under this Lease shall be guaranteed by 1.12 Business Hours for the Building: ("Guarantor"). (See also Par.

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Eviction for non-payment of rent To change the locks, the landlord is required to wait 16 days after the rent was due. Second, the landlord can re-enter the premises, without notice, to seize and sell the tenant's property. Before selling the tenant's property, the landlord must give the tenant five days' notice.

Gross Lease Gross leases are most common for commercial properties such as offices and retail space. The tenant pays a single, flat amount that includes rent, taxes, utilities, and insurance. The landlord is responsible for paying taxes, utilities, and insurance from the rent fees.

What Is a Net Lease? The term net lease refers to a contractual agreement where a lessee pays a portion or all of the taxes, insurance fees, and maintenance costs for a property in addition to rent.

Is there a standard commercial lease in Ontario? Unlike residential lease agreements, there is not one standard commercial lease since every business is different.

Ontario's Commercial Tenancies Act ( CTA ) outlines the relationship, rights and obligations between commercial landlords and tenants. You should be aware that a signed commercial lease agreement with your landlord or tenant may take precedence over the CTA .

The Ontario government introduced a mandatory standard lease template in 2018 to simplify the rental process, ensure clarity, and protect the rights of both landlords and tenants.

The average industrial lease rate for Q4 2023 was $17.24, down slightly from $17.42 in Q4 2022. The average commercial/retail lease rate was $26.80, up from $21.63 in Q4 2022. The average office lease rate, at $20.78, was higher than the average of $19.89 reported in Q4 2022.

Ontario's commercial lease length typically ranges between one and ten years. Startups and businesses requiring minimal space often lean toward shorter terms. Large office and retail leases generally run 5-10 years or longer.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232